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12501 Diamond Dr, Pineville, NC 28134

3 beds • 3 baths • 1811 sqft

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This property looks like a bad Airbnb investment with a projected -6.58% first-year return on $113k initial cash invested.

-6.58%

Cash On Cash

4.84%

Cap Rate

0.8

DSCR

$4,012

Rent

-$618

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,012 income − $4,630 expenses = $618 out of pocket

Income$4,012Out of Pocket$618Mortgage P&I$2,27957%Property Taxes$2286%Insurance$1614%HOA$371%Management$60215%CapEx$1604%Maintenance$1604%Other$1,00325%

Investment Breakdown

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Purchase Price

$451k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,220

Closing costs

1%

$4,511

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,012

Total Expenses

$4,630

Mortgage P&I

57%

$2,279

Property Taxes

6%

$228

Home Insurance

4%

$161

HOA

1%

$37

Property Management

15%

$602

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$1,003

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